The frozen vegetables market in Sweden has demonstrated steady growth, with the market size value in 2023 standing at 144.15 million Euros. Between 2013 and 2023, the market experienced significant fluctuations, with notable peaks and occasional declines. Particularly high growth years include 2015, 2017, and 2018, while 2016 saw a drop. Recent years show more stable and moderate growth, evidenced by a year-on-year increase of 6.25% in 2023. Over the last five years, the compound annual growth rate (CAGR) averaged 4.49%, indicating steady but slower growth compared to prior periods.
Future trends to watch include advancements in freezing technology, shifts in consumer preferences towards healthier and more convenient food options, and potential impacts of sustainability practices on production and packaging. The forecasted 5-year CAGR of 3.97% suggests a more moderate growth outlook going forward, culminating in a market size of 185.29 million Euros by 2028.
